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Gov’t spent less to settle debt in Q1

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The government spent P225.3 billion in the first quarter to settle its debt—14 percent less than the P261.2 billion disbursed in the same period last year, according to the Bureau of Treasury (BTr).

Posted: May 4th, 2013 in Headlines | Read More »

Gov’t debt payment in Jan.-Feb. down 11%

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The government spent P174.3 billion in the first two months this year to pay its debts.

Posted: April 8th, 2013 in Headlines | Read More »

Gov’t spent P622B as of Oct. to bring down debt

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The Bureau of Treasury reported that the Philippines’ total debt payment in the first four months of 2012 was down 14 percent at P299.81 billion compared with the P350.29 billion paid in the same period last year.

The government spent P622 billion in the first 10 months of the year to pay debts, as part of the administration’s commitment to improve the country’s credit profile and secure an investment rating for the Philippines.

Posted: December 7th, 2012 in Latest Business Stories | Read More »

Gov’t debt payment down 19%

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The Philippine government spent P195.1 billion in the two months to February to pay its debts, down 19 percent from the P242.3 billion settled in the same period last year, according to the Bureau of the Treasury.

Posted: April 12th, 2012 in Headlines | Read More »

Gov’t debt payment dipped in 11 months

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The government spent P653.4 billion in the 11 months to November to pay its debts, down from the P660.4 billion settled in the same period last year, according to the Bureau of the Treasury.

Posted: December 27th, 2011 in Headlines | Read More »

Gov’t debt payment down 2% in 1st 10 months

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The government spent P619.9 billion in 10 months to October to pay off its debts. That amount was about 2 percent lower from the P633.4
billion reported in the same period last year, according to the Bureau of the Treasury.

Posted: December 5th, 2011 in Headlines | Read More »

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